LinkedIn is a Buy and 4 More Analyst Opinions to Look At

Stock upgrades and downgrades are a controversial part of Wall Street. Despite regulations, many banks and firms still have a positive bias toward current clients and companies desired as future clients. In addition, Wall Street analysts are straight-up biased to the buy side. The percentage of sell recommendations is normally below 15 percent!

Regardless, upgrades and downgrades move stocks in the short-term. They fall into our CHEAT SHEET framework category ‘C = Catalyst for a Stock?s Movement’. Here are catalysts you must know today:

LinkedIn (NYSE:LNKD): National Alliance Capital Mkts initiated coverage of this company with a rating of Buy and a price target of $214.

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Costco (NASDAQ:COST): UBS initiated coverage of this company with a rating of Buy and a price target of $121.

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Wal-Mart (NYSE:WMT): UBS initiated coverage of this company with a rating of Buy and a price target of $89.

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Target (NYSE:TGT): UBS initiated coverage of this company with a rating of Neutral and a price target of $75.

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Chipotle Mexican Grill (NYSE:CMG): Barclays reiterated its rating of Equal Weight for this company and changed its price target from $290 to $371.

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